Briefly describe the High-Low method and briefly describe Regression Analysis.
Answers
The High-Low method and Regression Analysis are two common methods used in cost accounting to separate fixed and variable costs.
Here is a brief description of both methods:
1. High-Low Method
The High-Low method is a simple way to determine the fixed and variable components of a mixed cost by using the highest and lowest activity levels and their respective total costs.
In this method, the difference between the total cost at the highest and lowest activity levels is divided by the difference between the highest and lowest activity levels to obtain the variable cost per unit of activity.
The fixed cost can then be determined by subtracting the variable cost per unit of activity multiplied by the activity level from the total cost.
2. Regression Analysis
Regression Analysis is a statistical technique that can be used to separate fixed and variable costs by examining the relationship between the activity level and the total cost.
It involves fitting a line to a scatter plot of the data points and using the slope of the line to determine the variable cost per unit of activity.
The fixed cost can be calculated by substituting the variable cost per unit of activity and the activity level into the cost equation.
In conclusion, while both the High-Low Method and Regression Analysis can be used to separate fixed and variable costs, the High-Low method is simpler and less accurate than regression analysis, which uses more data points and a statistical technique to determine the fixed and variable components of a mixed cost.
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Related Questions
When checking you tires, it’s most important to check their BLANK..
Answers
Answer:
to take a look at their tread. If the tread is beginning to wear down, then your tires will lose traction and won't grip the road as well when driving through bad weather.
Explanation:
In a recent survey, employees felt that the number one benefit they wish they had that they are not already receiving was an additional sick day for family members. If there are 75 employees, it costs $250 for an employee to be out of work, and 70% of the employees would use that additional sick day, how much money would it cost the company to add this benefit?
Answers
Answer: $175
Explanation:
From the question, we are told that the employees of a company wanted additional sick day. We are further informed that if there are 75 employees, it costs $250 for an employee to be out of work, and 70% of the employees would use that additional sick day.
The amount of money that it would it cost the company to add this benefit will be:
= 70% × $250
= 70/100 × $250
= 0.7 × $250
= $175
The money that should be the cost of the company to add this benefit is $175
Important information:If there are 75 employees, it costs $250 for an employee to be out of work, and 70% of the employees would use that additional sick day
The calculation of money is= 70% × $250
= 70/100 × $250
= 0.7 × $250
= $175
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The rate of interest on money held in a savings account, _______ the amount of money saved.
a.
decreases
c.
has no effect
b.
increases
d.
none of the above
Please select the best answer from the choices provided
A
B
C
D
Answers
Hope it helps!
mason is part of the union negotiating team. he is gathering information about accident records, employee performance reports, absenteeism and transfers. what step of collective bargaining is he performing?
Answers
The process by which management and union representatives negotiate the employment conditions for a bargaining unit for a designated period of time. The parties have a mutual obligation to bargain in good faith in an effort to reach an agreement with respect to wages, hours, and working conditions.
management consists of the activities of setting the strategy of an organization and coordinating the efforts of its personnel (or of volunteers) to accomplish its objectives via the application of to-be-had sources, inclusive of financial, herbal, technological, and human sources. "Run the enterprise"[1] and "exchange the enterprise" are two principles that might be utilized in management to distinguish between the continued shipping of products or services and adapting of goods or services to meet the converting needs of customers - see fashion. The term "control" can also talk over the individuals who manipulate a corporation—managers.
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2) A deer is...
A. a kind of money.
B. a kind of animal.
C. made of shells.
D. gold or silver.
Answers
The answer is A.
Deers are animals
what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
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Answer:
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What is integrity\(\color{Blue}\huge\boxed{Answer} \)
C.The ability to come up with new plans or ideas.Through the classifieds of the Miami Herald Rhonda Brennan found her first job after graduating from college. She was delighted when the offer came through at $15.70 per hour. She completed her W-4 stating that she is married with a child and claims an allowance of 3. Her company will pay her biweekly for 80 hours (assume a tax rate of 6.2% on $118,500 for Social Security and 1.45% for Medicare).
Calculate her take-home pay for her first check
Net Pay:
Answers
To calculate Rhonda Brennan's take-home pay for her first check, we need to consider federal income tax, Social Security tax, and Medicare tax.
First, let's calculate the federal income tax withholding. Since Rhonda claims an allowance of 3 and is married with a child, we will refer to the IRS tax withholding tables to determine the appropriate withholding amount. Let's assume her taxable income for the biweekly pay period is $15.70/hour * 80 hours = $1,256. Based on the IRS tax withholding tables for 2023, the federal income tax withholding for a married employee with 3 allowances and a biweekly pay period and an income of $1,256 is approximately $88.
Next, let's calculate the Social Security and Medicare taxes. The Social Security tax rate is 6.2% on the first $118,500 of annual income, and the Medicare tax rate is 1.45% on all income. For Rhonda's biweekly pay, her Social Security tax will be 6.2% * $1,256 = $77.91, and her Medicare tax will be 1.45% * $1,256 = $18.22. To calculate her take-home pay, we subtract the federal income tax, Social Security tax, and Medicare tax from her gross pay.
Gross pay: $15.70/hour * 80 hours = $1,256
Federal income tax: $88
Social Security tax: $77.91
Medicare tax: $18.22
Take-home pay (net pay): $1,256 - $88 - $77.91 - $18.22 = $1,071.87
Therefore, Rhonda Brennan's take-home pay for her first check will be $1,071.87.
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TRUE/FALSE. maeketers who want to evalute whether or not a specfic marketing initaivite was successful would do so by using business metrics
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TRUE; marketers would use business metrics to determine whether or not a certain marketing endeavour was successful.
Various business processes are tracked, monitored, and evaluated for success or failure using business metrics, which are quantitative measures used by firms. Business metrics are primarily used to convey an organization's progress toward specific long- and short-term goals. Using these indicators is frequently intended to track costs and manage costs.
Key stakeholders' feedback on whether metrics are pertinent to their areas of business is frequently needed for effective usage of business metrics. Some organisations' mission statements include business metrics. All corporate levels must support that move in order for it to be made. Others merely integrate them into their standard work processes.
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How many days after missing a student loan payment do your loans go into default?.
Answers
Answer:270 day past due
Explanation:
For managers, the importance of Maslow's contribution is that he showed that workers Group of answer choices are interested only in compensation that helps them fulfill physiological needs. have needs beyond that of just earning a paycheck. are as complex as their organization. expect an employer to fulfill every level in their hierarchy of needs. have needs that cannot be understood by their employer.
Answers
Answer:
have needs beyond that of just earning a paycheck.
Because employees who feel that they are part of the in-group tend to be more productive, what actions should Caroline take? Check all that apply. A. Develop all of her employees so that she can trust them with more responsibility B. Stop delegating special tasks to any of her employees to avoid showing favoritism C. Consciously broaden her ability to work closely with more types of people
Answers
Caroline should take the following 2 action to make employee feel that they are part of the in-group which will make them more productive -
A. Develop all of her employees so that she can trust them with more responsibility.
C. Consciously broaden her ability to work closely with more types of people.
Caroline should focus on developing all of her employees to gain their trust and enable them to take on more responsibility. This will help to create a sense of fairness and equity in the workplace, which will in turn help to build a cohesive team where all employees feel valued and part of the in-group.
Additionally, Caroline should work on consciously broadening her ability to work closely with more types of people. This will help to ensure that she is not favouring certain employees over others and will help to build a more diverse and inclusive workplace culture. By developing a broader network of relationships and working effectively with a variety of people, Caroline can help to create a more productive and positive workplace environment for all employees.
By following these action she can help to create a more productive work environment.
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22. Akshay worked at a cafe while he was a college senior in Boston,
Massachusetts. After graduating in June, he moved back to his home in
California and started a full-time job in September. Which of the following
statements is true?
Answers
Answer: The answer is C
Explanation: I got this correct on a test
Explain one reason why a business may use social media to promote
Answers
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
As depicted in _________________________________, it is necessary to give up some of one good to gain more of the other good. the production possibilities frontier allocative efficiency scarcity utility
Answers
Answer:utility
Explanation:
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answers
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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Scott Drilling Contractors recently issued a corporate bond on which it expects to pay interest for the next twenty years. Scott would record this as a __________ on its balance sheet.
Answers
Answer: Long-term Liability
Explanation:
Long-term liabilities are those debt obligations that a company has which it will only pay off in a period more than a year.
As the corporate bond that Scott Drilling Contractors issued is one that will see them making payments for 20 years, that Corporate Bond which is a debt obligation qualifies as a long-term liability and thus will be recorded as such.
Which is NOT a fee you need to worry about with a checking account?
Answers
Answer:
It depends on the bank provider. All bank providers have different fee policies.
Explanation:
There is no specifc answer to this.
1. A ________________________________________ in a subargument is either basic
or non-basic.
2. Arguments can also be explanations, but explanations can never be arguments.
(i) True (ii) False (iii) neither true nor false (iv) indeterminate
3. In an argument diagram, premises which together support a conclusion are linked
together by underlining them and writing the symbol
____________________________________ between each of them.
4. A set of sentences which describes some feature of the world can also function as an
argument
(i) True (ii) False (iii) neither true nor false (iv) indeterminate
Answers
The purpose of an Argument is to determine the degree of truth or acceptability of another statement, called a conclusion, using a statement or group of statements known as premises.
There are two goals to an argument: to alter people's viewpoints or persuade them to accept new viewpoints. convince people to do something new or specific.
1) In a sub-argument, a premise can be basic or not. A proposition is the foundation of an argument or the basis for a conclusion.
2) Contentions can likewise be clarifications, however clarifications can never be contentions, it is valid. The choice i is correct.
A rationale is an argument in which the justification provides evidence to back up a claim made in the conclusion. An explanation is a rationale in which the conclusion presents a cause for a particular fact.
3) In a contention chart, premises that together help an end are connected together by underlining them and composing the symbol arrow between every one of them.
4) It is true that an argument can also be a collection of sentences that describe some aspect of the world. It's a choice (i).
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According to this image :
1- What is the age range of the generation with the highest amount of household debt?
2-Which is the only generation to decrease its average debt from 2019 to 2020?
3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.
4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).
5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.
I have to turn this worksheet today, So please ANYONE help me out please ASAP..
Answers
Answer:
1. Gen X 41-56years
2. Silent Gen reduced debt by 4.6%
3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt
Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.
4.Gen Z average debt $16,000
Gen X average debt $ 140,000
In 5years, it will meet up with Gen Xs level of debt
5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.
which of these transactions types increase how much you owe the credit card company
Answers
Answer:
hope it is helpful to you
☆☆☆☆☆☆☆☆☆☆☆
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answers
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
Total output is increasing but marginal product of labor is decreasing. This is an example of...
Answers
Write the Cookies Policy for your business plan/business idea.
Also include the technological solutions that you use to provide
services, taking into account that you are providing services in
Europea
Answers
Cookies Policy: Our business is committed to ensuring the privacy and security of our users' personal information when they visit our website.
This Cookies Policy explains how we use cookies and similar technologies to enhance the user experience and provide personalized services. By accessing our website, you consent to the use of cookies as described in this policy.
We use cookies to collect and analyze information about your usage of our website. These cookies help us understand your preferences, improve the performance of our website, and deliver relevant content and advertisements.
Some of the cookies we use are essential for the proper functioning of the website, while others are non-essential but help us enhance your experience. By using our website, you agree to the placement of these cookies on your device.
In compliance with European Union regulations, we have implemented technological solutions to ensure that our use of cookies is transparent and respects the privacy rights of our users. When you visit our website, you are presented with a cookie banner that seeks your consent to use cookies.
This banner provides clear information about the types of cookies we use, their purposes, and the option to manage your preferences. We have also implemented mechanisms to anonymize and aggregate the data collected through cookies, minimizing the risk of personally identifiable information being stored or shared without your explicit consent.
Furthermore, we only share cookie data with trusted third-party service providers who assist us in delivering our services and improving our website's performance.
Our business is committed to complying with the General Data Protection Regulation (GDPR) and other relevant privacy laws. We regularly review and update our Cookies Policy to ensure that it remains accurate and reflects any changes in our cookie usage.
By providing clear information, seeking your consent, and implementing privacy-enhancing measures, we aim to create a secure and trustworthy environment for our users while delivering personalized and efficient services.
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Which completes the equation?
O + A + Consideration (+______) = K
Legal capability
Legal capacity
Legal corporations
Legal injunction
Answers
"Legal capacity" is the final term that completes the equation.
What is the full legal age?What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.
What does the legal competence to contract mean?A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.
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can you write checks or pay bills directly from an online savings account?
Answers
Customers are not permitted to cash checks against their savings accounts in accordance with federal regulations.
What is saving account ?You will typically make your request to open a traditional saving account online, in-branch, or over the phone, although the procedures for doing so vary from financial institution to financial institution. After that, you'll deposit a sufficient amount to meet the minimum, if any, requirement. To reach your savings goal, set up a regular, recurring deposit from your paycheck or checking account, whichever you prefer. Make any necessary adjustments and keep an eye on your spending to see if this amount is within reach. Despite the fact that they typically only pay a low interest rate, these accounts are a great way to store money for immediate needs due to their safety and dependability.
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how can person identify whether a company is private company or public company
Answers
Answer:
The overview of that same problem is defined throughout the explanation segment below.
Explanation:
My understanding would be that privately owned businesses will happily inform anyone who queries. Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.
when multinationals make a project fully operational and train local managers and workers before the owner takes control, they are using which entry-mode strategy? group of answer choices franchising direct export turnkey licensing
Answers
Multinationals use Turnkey as a entry-mode strategy.
A turnkey project is a technique for a foreign corporation to build a plant in another nation and sell its technology and process there. Turnkey projects are typically used as an entry strategy by industrial enterprises that specialise in complicated production technology.What is a turnkey plan of action?
The phrase alludes to the fact that a corporate buyer only needs to "turn" a "key" to get things going. Thus, a turnkey firm is one that is already operational and in a state that permits start-up right away.to learn more about turnkey strategy, click the links
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David went to school to learn about HVAC systems. He earned a degree and can install large air conditioning units correctly and safely. What company in the Architecture and Construction career cluster might be interested in hiring David?
a Education
b Design and Pre-Construction
c Lodging
Answers
Answer:
b Design and Pre-Construction
Explanation:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork
Answers
Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
_______ will help you maintain good credit.
Answers
Paying your Bills on Time will help you to maintain good credit.
Why do one need to Pay Bills on Time?The act if paying one's credit card bills and other forms of loans on time is very vital.
Mostly because late or missed payments could lead to a dip in one's credit score. If one is not totally concerned about missing a due date, it is better to have a form of automatic bill payment that can help one to stay on top of one's account payments.
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Answer: lowering your balances